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Brian Quigley
Into Europe
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Comments by "Brian Quigley" (@brianquigley1940) on "Why Europe doesn't like New Businesses" video.
It's also impossible to hire self-employed people into your small business to shield yourself from the draconian employment laws.
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It costs almost 2,000 euros to reserve a trademark in Europe!!!! 2,000 euros!!!!
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Going to banks for small business loans is a huge barrier to starting a small business in EU. e.g. you must have a minimum amount in an account to start a limited company, ~20,000 euros minimum dep. on country.
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In the US, you can start a business for as little as $25 dep. on the state. Bureaucracy is also a breeze compared to EU. Taxes are low. Bankruptcy is easy if you get in over your head. But... you can still end up homeless living on the street because there is no social safety net.
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